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Who will be eligible for the MegaETH airdrop?

MegaETH has been generating strong anticipation across the crypto space. So, the big question is: Who will be eligible to receive $MEGA? Let’s dive into this article.

Tom
Tom
5 min read
Who will be eligible for the MegaETH airdrop?

After many disappointing airdrops from Layer 2 projects, MegaETH is expected to “make airdrops great again” for Layer 2 enthusiasts.

With its unique philosophy in both architecture and community building, MegaETH has been generating strong anticipation across the crypto space. So, the big question is: Who will be eligible for $MEGA? Let’s dive into this article.

What is MegaETH?

MegaETH is an Ethereum Layer 2 engineered for ultra-low latency, enabling real-time applications. It targets sub-1-millisecond delays and over 100,000 transactions per second, making it the world’s first “real-time blockchain.”

In doing so, MegaETH addresses Ethereum’s persistent problem: 

  • High gas costs.
  • Slow block times
  • Scalability constraints. 

It stays fully EVM-compatible, so developers can deploy existing Solidity contracts and tools without any changes.

Launched in early 2023 by MegaLabs, the project is inspired by Vitalik Buterin’s “Endgame” essay, which envisioned a scalable and decentralized future for Ethereum.

Why are investors so so bullish on MegaETH?

It’s not by chance that MegaETH has garnered significant attention from the community. The uniqueness of its design structure and the way it builds its community largely explain why MegaETH has attracted such special interest.

Unique Structure of MegaETH

  • MegaETH aims for 100,000 TPS and a latency of just 1-10ms, comparable to Web2 applications (like Google or Netflix). This effectively addresses Ethereum’s congestion issues and surpasses the performance metrics of existing Layer 2 solutions in the market.
  • Node Specialization: By dividing roles, MegaETH reduces the load on individual node types, avoiding the "bottleneck" problem seen in Ethereum L1. The Sequencer handles speed, the Prover ensures security, and the Full Node maintains decentralization together creating a lighter, more efficient system.
  • Potential: Enables new applications like real-time on-chain gaming, high-frequency trading (HFT), or lag-free social dApps.
Structure of MegaETH

Support from Ethereum Ecosystem OGs

  • Backing from Vitalik Buterin: Ethereum’s co-founder has invested in and praised MegaETH, calling it the “endgame scaling” for EVM. This is not only symbolic but also attracts developers from Ethereum’s OG community.
  • Community: MegaETH focuses on community quality over quantity. Its capital-raising approach through Fluffle and the creation of connections between the Foundation and projects is highly distinctive. They aim to avoid making MegaETH a transient space for users and projects, prioritizing long-term engagement.

Sustainable Economic Model and Upside

  • Smart Move: No traditional ICO; instead, it uses buyback (4.75% pre-launch) and airdrops based on real engagement. The low FDV at public sale on Echo ($1-$999M USD) but premarket price ~$5B USD on Hyperliquid creates x10-x100 opportunities for early buyers.
  • Many traders see this as a “no-brainer” opportunity, with the TGE (Token Generation Event) price expected to be ≥$0.3, equivalent to an FDV ≥$3B.

Is It Too Late to Participate in MegaETH Airdrops? 

The answer is No. Users could participate in MegaETH airdrops for the following reasons:

  • MegaETH will launch its mainnet first. Layer 2 project usually conduct airdrops afterward, meaning users still have opportunities to participate in airdrops or pursue retroactive incentives from MegaETH.
  • Beyond the mainnet, being active in Discord, or participating in the $MEGA public sale are also reasonable options for users who believe in MegaETH’s potential.

What to Prepare to Participate in the MegaETH Airdrop?

Currently, MegaETH has not yet launched its mainnet, and the airdrop is expected to take place after the mainnet goes live. This means users must genuinely engage with the network to have a chance of receiving the MegaETH airdrop.

Here are some things users can do to position well before the MegaETH airdrop:

Who will be eligible for the MegaETH airdrop?

The development team members of MegaETH often share quite a bit about how a community is built and formed through long-term commitment, especially around the keyword "active contributors."

They value long-term engagement between users and the project more than short-term contributions via farming and dumping tokens. Therefore, actions that demonstrate such commitment are highly likely to receive well-deserved rewards.

MegaETH Mainnet Users

MegaETH would have a mainnet phase before the airdrop. This will be the time when users can bring capital over to experience the ecosystem and demonstrate contributions from the project's early stages.

FOMO may be unavoidable with a project of MegaETH's scale, so preparing mentally to seek other opportunities like memecoins, NFTs, whitelists, and trading while viewing the airdrop as a bonus will help users maintain a lighter mindset.

Fluffle Holders

Fluffle is the NFT collection officially issued by MegaETH to raise capital from the community. With 10,000 soulbound NFTs, MegaETH raised approximately $13M in early 2025.

The entire collection represents at least 5% of the total $MEGA supply, with 50% unlocked at TGE and 50% vesting linearly over 6 months.

The special feature of The Fluffle lies in its NFT evolution mechanism, which allows users to level up based on activity levels the more actively they participate, the more exclusive rewards they receive.

MegaETH states that issuing soulbound NFTs helps the project avoid airdrop farming issues, and minting Fluffle demonstrates holders' trust in the project.

Fluffle is the NFT collection officially issued by MegaETH E

Wallets with a clean on-chain history on ETH.

In addition to contributing directly to MegaETH, wallets with a dense activity history on EVM chains, especially Ethereum also have a high chance of qualifying. 

However, direct interaction with MegaETH will still be the primary factor in increasing airdrop eligibility.

Conclusion

The MegaETH airdrop might not make the majority rich, but it could significantly reward those who’ve truly contributed to the project. Much like what happened with Hyperliquid, the focus seems to be shifting from hype-driven investors to real builders those genuinely “skin in the game.”

Still, opportunities remain as MegaETH prepares for its mainnet launch. Whale Market will soon share detailed updates on how users can effectively participate once the mainnet goes live.

FAQs

Q1. What is the MegaETH airdrop?

The MegaETH airdrop will reward real contributors of the MegaETH ecosystem, not short-term token farmers. It’s expected after the mainnet launch.

Q2. Who can get the MegaETH airdrop?

Those who actively use the testnet, join the community and interact with MegaETH dApps like GTE, Bebop, or RainMakr are most likely to qualify.

Q3. Will Fluffle NFT holders receive airdrops?

Yes. Fluffle NFT holders, MegaETH’s official collection are expected to get part of the airdrop, representing 5% of total $MEGA tokens.

Q4: Where to trade $MEGA pre-market?

Currently, $MEGA is listing upcoming on Whales Market. Whales Market is the leading pre-market DEX platform to trade pre-TGE tokens and allocations, with over $300 million in volume, no middlemen, trustless and on-chain.

Q5: What is the price of $MEGA today?

While $MEGA hasn't been listed yet, users can trade $MEGA pre-market on Whales Market before the TGE. Here you can trade $MEGA before the asset gets listed on leading CEXes like Binance, Bybit or OKX.